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. >> that was speaker of the house, john boehner, talking about the looming fiscal cliche. republicans are ready to sit down at the table with president obam a. but is he prepared to compromise? listen to when he had to say earlier today. >> i want to be clear. i am not wedded to every dedale tail of my plan. i am open to compromise. i am not going to ask students and seniors and middle-class families to pay down the entire deficit while people like me making over $250,000 are not asked to pay a dime more in taxes. i am not going to do that. i want to point out, this was a central question during the election. it was debated over and over again. and on tuesday night, we found out that the majority of americans agree with my approach. and that includes democrat independents and a lot of republicans, throughout the country, as well as independent economists and budget experts. that's how you reduce the deficit. a balanced approach. so our job is to get a majority in congress to reflect the will of the american people. >> joining me with reaction are the author of who is the f
. >> that was speaker of the house, john boehner, talking about the looming fiscal cliche. republicans are ready to sit down at the table with president obam a. but is he prepared to compromise? listen to when he had to say earlier today. >> i want to be clear. i am not wedded to every dedale tail of my plan. i am open to compromise. i am not going to ask students and seniors and middle-class families to pay down the entire deficit while people like me making over $250,000 are not...
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i know i sound a little naive, but i see it in the demeanor that john boehner is trying to take, the approach the president is trying to talk and it could easily shatter and agree with what my guests have said here, but i like to think that one way out of this is for both sides to agree, maybe the republicans to a little bit after tax increase, maybe not as much for the upper income. something that could be delayed anybody, i see on the part of the president-- just give me-- the other issue is democrats hold open the possibility of not equating reining in entitlement growth with throwing granny off the cliff? >> i don't disagree with you, but i think and what we've seen the tax hikes come today, but the entitlement fixes come ten or 20 years later and i don't think any g.o.p. members are going to go for that this time around. they've tried it before. >> neil: obviously you're not hopeful, not hopeful at all. (laughter) >> just you and me, neil. >> neil: oh, my gosh. i've got to rethink that. i must rethink during the break. did new jersey approve any narn marijuana? president obama i
i know i sound a little naive, but i see it in the demeanor that john boehner is trying to take, the approach the president is trying to talk and it could easily shatter and agree with what my guests have said here, but i like to think that one way out of this is for both sides to agree, maybe the republicans to a little bit after tax increase, maybe not as much for the upper income. something that could be delayed anybody, i see on the part of the president-- just give me-- the other issue is...
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john boehner didn't want to have any type of grand bargain. he wants to wait for the new congress to be seated. how you do a temporary punt. obama has the leverage. he won re-election. so where we go from here, i think you are going to see a lot of political games next week when congress comes back to town. potentially, we go deep into december. >> the president is holding most of the cards here, he won re-election and the republicans are absolutely terrified of going over the cliff. the tax cuts expire. the president and democrats propose a bill to restore the tax cuts to all but the top bracket and the republicans say, no, no, no. we don't want to do that. we have to restore the tax cuts to the rich people. they don't want to be in that situation, they can't let themselves get in that situation. >> which is why, i think you saw john boehner come out pretty aggressively this week and say he's open to a compromise. the key word in his statement and the statement he made before the election was tax rates. he doesn't want to see the rates go up.
john boehner didn't want to have any type of grand bargain. he wants to wait for the new congress to be seated. how you do a temporary punt. obama has the leverage. he won re-election. so where we go from here, i think you are going to see a lot of political games next week when congress comes back to town. potentially, we go deep into december. >> the president is holding most of the cards here, he won re-election and the republicans are absolutely terrified of going over the cliff. the...
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Nov 15, 2012
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john boehner was renominated to continue to serve as speaker of the house. there was not any controversy there. and with republicans in the majority, it's expected to be made official by a full house vote. there was some buzz about whether nancy pelosi would continue on as the top house democrat, which she told us today. >> my colleagues made it very clear and in fact i think they must have coordinated with each other because their message was clear, don't even think of leaving. >> if the next congress is anything like this congress, you can expect plenty of boehner vs. pelosi battle, shep. >> shepard: mike emanuel at the retundra, thanks. now the storm aftermath. the long road to recovery continues after historic storm sandy. we have details now on the legal battle over the power outages that have lasted more than two weeks in some cases. plus, you will hear a top u.s. official threaten to punch out a reporter. you will probably like this. they've been committed to putting clients first. helping generations through tough times. good times. never taking a ba
john boehner was renominated to continue to serve as speaker of the house. there was not any controversy there. and with republicans in the majority, it's expected to be made official by a full house vote. there was some buzz about whether nancy pelosi would continue on as the top house democrat, which she told us today. >> my colleagues made it very clear and in fact i think they must have coordinated with each other because their message was clear, don't even think of leaving. >>...
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president obama is lucky to have john boehner on the other side that have table because john bainer is not a crazy person. and he can work a deal. right now he simply does not have the votes. but -- again, the president does have to lead here. he has to bring something to the table. he has to be willing to give some that so that john boehner can bring his people to the table, too. but he can deliver. he's been mischaracterized i think. it's convenient for the white house to say, oh, boehner can't get his people behind him. boehner always gets his people behind him but the president has to bring something forward. chris: i'm thinking there's a possible deal there where boehner says i can release enough people for to you join your side, and you can get it passed. >> the tea party has been folded into the republican party them. don't like it. but -- chris: here we go, the big question for the president. does he go hard left, push for big tax increases on the rich? hold out for the toughest, most progressive program which will be applauded by the people on the left and say, they're already
president obama is lucky to have john boehner on the other side that have table because john bainer is not a crazy person. and he can work a deal. right now he simply does not have the votes. but -- again, the president does have to lead here. he has to bring something to the table. he has to be willing to give some that so that john boehner can bring his people to the table, too. but he can deliver. he's been mischaracterized i think. it's convenient for the white house to say, oh, boehner...
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i get it i will get my mind right because i'm not going to buddy breathe with john boehner. you never know when he goes from lee marvin to tammy and starts sobbing openly. i'm not going to be the last guy stuck with this. i get it the country has changed. i'm all reporting for duty, sir. >> bill: so now you are going to tell me that you, dennis miller, are now giving up and are going to get in lock step with the secular progressives? >> have you ever seen the movie invasion of the body snatchers. go dead eye so they don't get hassled? that's me, man. [ laughter ] i got my -- i got my own thoughts when i'm out on the sidewalk dodging the sea pods. you are going to see this look. all right? that's exactly what you are going to see. billy, you think is a glitch. i think is a sea change. i don't think this comes back during my lifetime. i do think it comes back in the same way an alcoholic who has a brush with mortality will eventually come back. somebody will have a stroke or somebody will almost croak from alcohol will poisoning fiscally but maybe then we pull it back. this th
i get it i will get my mind right because i'm not going to buddy breathe with john boehner. you never know when he goes from lee marvin to tammy and starts sobbing openly. i'm not going to be the last guy stuck with this. i get it the country has changed. i'm all reporting for duty, sir. >> bill: so now you are going to tell me that you, dennis miller, are now giving up and are going to get in lock step with the secular progressives? >> have you ever seen the movie invasion of the...
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boehner at this point to simply pass the senate bill and if nothing is done it's on speaker john boehner not on the president, whether or not the tax cuts expire on january 1. >> but at the end of the day, it will be the american people that are hurt. yes, there is a bill in the senate, and yes, boehner could pass it, but he says that he does not want to raise taxes and the congressional budget office says, kelly, if we do what the republicans want us to do it will increase economic growth by 1.5%. if we do what president obama wants us to do and what she just mentioned, it would raise economic growth by 1.25%, so it's more than just tax cuts, it's more than just tax increases, we have to actually reform entitlement programs. there's a lot that needs to be done before january 1st. >> kelly: what say you about this? is angela right, 1.5%, i understand it could be as high as 1.7% if they find agreement. >> number one thing we need to focus on, while the country elected the same congress and everyone is taking their old positions, democrats have new leverage and they have the power in this
boehner at this point to simply pass the senate bill and if nothing is done it's on speaker john boehner not on the president, whether or not the tax cuts expire on january 1. >> but at the end of the day, it will be the american people that are hurt. yes, there is a bill in the senate, and yes, boehner could pass it, but he says that he does not want to raise taxes and the congressional budget office says, kelly, if we do what the republicans want us to do it will increase economic...
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Nov 9, 2012
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can john boehner match him in any of those departments? >> -- he said i'm open to new revenue. he didn't say whatever -- eliminating deductions -- it's not. you have to give boehner credit. he said new revenue. >> the president goes to sleep tonight he's thinking, i won. must be tremendous relief on his part. then he's thinking down the road, because he is thinking of the future, he's going wait a minute, i got two big risks. one i can't defend my philosophy which my base will hate and i will hate myself for it. michelle will hate me for it. and we need more money to do more things. the other fear is i'm going off the fiscal cliff, meaning i tried so hard to get my way that we screwed it up with the republicans like we did last august and nothing gets done and the economy tanks again for a second recession and i'm going down in history as a double failure. >> he can't let that happen. >> at some point he has to pull back from the paul krugmans of the world and the people on the far left, not far left but left, and say i'm president, you're a columnist. >> right. he has -- he's
can john boehner match him in any of those departments? >> -- he said i'm open to new revenue. he didn't say whatever -- eliminating deductions -- it's not. you have to give boehner credit. he said new revenue. >> the president goes to sleep tonight he's thinking, i won. must be tremendous relief on his part. then he's thinking down the road, because he is thinking of the future, he's going wait a minute, i got two big risks. one i can't defend my philosophy which my base will hate...
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let's rise above the this function and do the right thing for our country. >> later john boehner told diane sawyer he is the most reasonable, responsible person in washington and the president knows that. the fiscal cliff looms at the end of the year. will we reach a compromise before then, charles? >> i do not think it will be a comprehensive compromise. i think they will be able to patch something together. i think they will be able to agree on it true tax reform sometime next year. i think they will get past the cliff. if he insists on raising rates, he will be stymied. >> what is the message? >> it is a mixed message. i think we all agree the cornerstone of the president from message is we raise taxes on those earning over $250,000. mitt romney pledged to repeal obamacare. these are the essential points of their candidacies. i think he can point to that. but at the same time, he has to deal with the republican house and john painter has to deal with the republican house. john boehner -- he is not being humbled by saying that he is the best that the president has in the republican
let's rise above the this function and do the right thing for our country. >> later john boehner told diane sawyer he is the most reasonable, responsible person in washington and the president knows that. the fiscal cliff looms at the end of the year. will we reach a compromise before then, charles? >> i do not think it will be a comprehensive compromise. i think they will be able to patch something together. i think they will be able to agree on it true tax reform sometime next...
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Nov 12, 2012
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so john boehner is in a very difficult spot. we've seen some movement that republicans are willing to put some tax revenue on it, but as boehner said over the weekend, he's not going to raise tax rates. and obama is insisting on that. so i don't think you're going to get, see any type of deal this week when congress comes back. there'll be more leverage games, and we're going to probably go deep into december raising the question, are we going to get a deal? jenna: what do you think? >> i think eventually they are going to get a deal, but i think it'll probably be a two-step process where they get some type of down payment on tax reform and then do something larger in the new year with the new congress being sworn in. so, but how do you do that, how do you have one-step process? i think you've got to have the parameters of what you're going to do next year now. boehner does not want a huge deal in the lame duck. he says that the new congress should be in session when you're going to do this, the newly-elected people. so it's goi
so john boehner is in a very difficult spot. we've seen some movement that republicans are willing to put some tax revenue on it, but as boehner said over the weekend, he's not going to raise tax rates. and obama is insisting on that. so i don't think you're going to get, see any type of deal this week when congress comes back. there'll be more leverage games, and we're going to probably go deep into december raising the question, are we going to get a deal? jenna: what do you think? >> i...
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can john boehner match him in any of those departments? >> -- he said i'm open to new revenue. he didn't say whatever -- eliminating deductions -- it's not. you have to give boehner credit. he said new revenue. >> the president goes to sleep tonight he's thinking, i won. must be a tremendous relief on his part. then he's thinking down the road, because he is thinking of the future, he's going, wait a minute, i got two big risks. one, i can't defend my philosophy which my base will hate and i will hate myself for it. michelle will hate me for it. and we need more money to do more things. the other fear is i'm going off the fiscal cliff, meaning i tried so hard to get my way that we screwed it up with the republicans like we did last august and nothing gets done and the economy tanks again for a second recession, and i'm going down in history as a double failure. >> he can't let that happen. >> at some point he has to pull back from the paul krugmans of the world and the people on the far left, not far left but left, and say i'm president, you're a columnist. >> right. he has --
can john boehner match him in any of those departments? >> -- he said i'm open to new revenue. he didn't say whatever -- eliminating deductions -- it's not. you have to give boehner credit. he said new revenue. >> the president goes to sleep tonight he's thinking, i won. must be a tremendous relief on his part. then he's thinking down the road, because he is thinking of the future, he's going, wait a minute, i got two big risks. one, i can't defend my philosophy which my base will...
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and election results are barely dry and john boehner and president obama buting heads. key disagreements are whether taxes should be raised on wealthy americans. neither seem willing to compromise on that. >> and a pair of college basketball was cancelled because the floor was not in ship shop. florida left georgia in half time. there was so much condeization on the floor the game was cancelled. >> and over the next few weeks, top republicans are taking a closer look at what went wrong in the election cycle and how to fix it they are talking to donors and house majority leader john boehner said there is no tea party to speak of anymore. does the republican party need to change the image joining us now is shawn and amy. welcome to the woth of - both of you. i know it is it a disappointing week that you are reacting tompt there is it a lot of soul senching going on saying that the republican party need toz get a grip and take a look at where it missed the mark in the past election, shawn, a lot of the folks are upset that the republican party did not factor in the real vi
and election results are barely dry and john boehner and president obama buting heads. key disagreements are whether taxes should be raised on wealthy americans. neither seem willing to compromise on that. >> and a pair of college basketball was cancelled because the floor was not in ship shop. florida left georgia in half time. there was so much condeization on the floor the game was cancelled. >> and over the next few weeks, top republicans are taking a closer look at what went...
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john boehner says he's willing to work with the president to solve the problems facing us now. >> the president knows he and i have worked together. the election is over. now it's time to get to work. bill: governor, how you doing? i haven't heard you comment since the election. it's an honor to have you back. what's going on here. boehner is a deal maker. i'm the easiest guy in the world to get along with. >> john boehner and mitch mcconnell are professionals when it comes to understanding the art of the deal. we didn't win the elections, didn't get the senate. we have to accept the hand that's been dealt to us. if you don't get to take something off the table unless you put something on the table unless you have got a gun. we don't have a gun. we didn't get that in the election. so what we have got to understand and i'm hoping members of congress will follow the leader and members of the senate will follow their leader. you can't have every republican member of congress and member of the senate trying to create a side deal. that's disaster in the making. they are not going to get ev
john boehner says he's willing to work with the president to solve the problems facing us now. >> the president knows he and i have worked together. the election is over. now it's time to get to work. bill: governor, how you doing? i haven't heard you comment since the election. it's an honor to have you back. what's going on here. boehner is a deal maker. i'm the easiest guy in the world to get along with. >> john boehner and mitch mcconnell are professionals when it comes to...
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john boehner expected to hold a briefing. we'll take you back to that room as soon as the speaker begins. >>> the results of the election have been called a demo bomb. the president defying history to win back the white house with the minority vote. voters stood in line, some for hours, even after polls closed to cast ballots. joining me is ben gellis, president of the naacp. ahead of the election, much of it centered around voter suppression efforts around the country. now in an odd turn, karl rove has thrown out the theory that how the president won reelection. i want to show you. >> he succeeded by suppressing the vote. you may not like who i am, but i'm going to paint this other guy as a rich guy who only cares about himself. >> so president obama suppressed the vote. when we talk about voter suppression, there were real issues in florida and ohio and places where they were cutting back early voting. but is what we saw this week a backfire to what call the republican effort to suppress the vote. my voice will be heard. >>
john boehner expected to hold a briefing. we'll take you back to that room as soon as the speaker begins. >>> the results of the election have been called a demo bomb. the president defying history to win back the white house with the minority vote. voters stood in line, some for hours, even after polls closed to cast ballots. joining me is ben gellis, president of the naacp. ahead of the election, much of it centered around voter suppression efforts around the country. now in an odd...
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house speaker john boehner offered a compromise in week in which he says i am willing to put more revenue on to the table but with through closing deductions end gd loopholes not through raising rates. can you accept a compromise as part of the whole deal that doesn't raise the push tax rate on the wealthy? >> how much revenue are we going to generate as part of a balanced package. in their framework they assume the amount of revenue as if we started tax reform from a 39 percent rate. that is part of their built in assumption. i am all for doing tax reform. the issue is from what starting point. i think the bowl starting point which assumies that revenue fro 39 percent is the right way to go to get the mix they got in hitting their deficit reduction target. if what speaker boehner was saying he was truly willing to get office ready we begin to work with one another. if what he is simply saying is what republicans used to say which is we are going to lower rate on the wealthy and that will somehow generate -- >> he was talking about closing loopholes and deductions. >> the jury is out stil
house speaker john boehner offered a compromise in week in which he says i am willing to put more revenue on to the table but with through closing deductions end gd loopholes not through raising rates. can you accept a compromise as part of the whole deal that doesn't raise the push tax rate on the wealthy? >> how much revenue are we going to generate as part of a balanced package. in their framework they assume the amount of revenue as if we started tax reform from a 39 percent rate....
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and to john boehner. >> i'm hope to compromise. i'm hope to new ideas. i'm committed to solving our fiscal challenge. but, i refuse to accept any approach that isn't balanced. >> and i'm not going to ask students and seniors and middle class families to pay down the entire deficit whole people like me making over $250,000 aren't asked to pay a dime more in taxes. i'm the not going to do that. >> instead of raising tax rates on the american people and accepting the damage it will do to our economy, let's start to actually solve the problem. let's focus on tax reform that closes special interest loopholes and lowers tax rates, instead of accepting arbitrary cuts that will endanger our national defense, let's get serious about shoring up the entitlement programs the drivers of our country's massive growing debt. 2013 should be the year to solve our debt through tax reform and entitlement reform. >> dave: what boehner said, this is an opportunity for the president to lead. this is his moment. if there's one criticism that sticks to the president for the firs
and to john boehner. >> i'm hope to compromise. i'm hope to new ideas. i'm committed to solving our fiscal challenge. but, i refuse to accept any approach that isn't balanced. >> and i'm not going to ask students and seniors and middle class families to pay down the entire deficit whole people like me making over $250,000 aren't asked to pay a dime more in taxes. i'm the not going to do that. >> instead of raising tax rates on the american people and accepting the damage it...
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he said let john boehner be john boehner he can negotiate a deal with the president without getting pressure from tea party caucus members. guest: i agree. let john boehner be in a position to negotiate from a position of strength not from a position of looking over his shoulder and having to second guess and ultimately a position of weakness going into these talks with the president. the spt emboldened and he could say john boehner i don't need you and if you keep this i'm going to run against your entire congress and all of you are going to be gone. he's looking at the longer ball as well. you have all these house members who will be in their fourth year by the time they get to 2014 and if there has been no movement. if the country perceives republicans are not working trying to resolve the problems, then guess what happens in two years. the public will turn and say that's it. we're just going to go in a completely different direction. so boehner needs the short term and long term opportunity to position the party on policy so that they can art cue late what we believe whether it's on taxe
he said let john boehner be john boehner he can negotiate a deal with the president without getting pressure from tea party caucus members. guest: i agree. let john boehner be in a position to negotiate from a position of strength not from a position of looking over his shoulder and having to second guess and ultimately a position of weakness going into these talks with the president. the spt emboldened and he could say john boehner i don't need you and if you keep this i'm going to run against...
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do you think the president needs a beer summit, mitch mcconnell, john boehner? the three get together and figure out how to work together. >> we need to get everybody in the room. everybody should be at the table, and everything should be on the table, and the time is now to do that. >> my power panel, thanks so much, gentlemen. i appreciate your insights. coming up in just a few minutes, i'm going to have a chance to talk to dnc chairwoman, congresswoman debbie waserman schultz will join us. >>> congresswoman gabby giffords will come face to face with the shooter who nearly took her life and the lives of 11 others. >>> why are we waiting on florida once again? we're going to talk to debbie wasserman schultz about her home state. president obama reelected. what should be the first thing on his agenda? . ♪ 99 bushels of wheat on the farm...99 bushels of wheat! ♪ [ male announcer ] yep, there's 8 layers of whole grain fiber in those mini-wheats® biscuits... to help keep you full... ♪ 45 bushels of wheat on the farm. 45 bushels of wheat! ♪ ...all morning l
do you think the president needs a beer summit, mitch mcconnell, john boehner? the three get together and figure out how to work together. >> we need to get everybody in the room. everybody should be at the table, and everything should be on the table, and the time is now to do that. >> my power panel, thanks so much, gentlemen. i appreciate your insights. coming up in just a few minutes, i'm going to have a chance to talk to dnc chairwoman, congresswoman debbie waserman schultz...
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what did you hear from john boehner? he said he's willing to budge on revenue, not hike taxes, but is that enough. what are republicans willing to give here. >> the jury is still out. speaker boehner should put his r revenue plan on the table. i mean based on this republican theory that's been proven wrong by history that somehow by giving folks at the top of the income ladder a tax break, you'll create all this economic activity and it will pay for itself and not increase the deficit. we know that failed because what happened after we tried that last time was jobs went down and the deficit went up. so i think the speaker shoumd do what he says that he wants to do. put this out in public. the president has put his plan in public. it was a central part of the debate. saying that folks at the higher end should pay more to reduce our deficit because if we don't ask them to chip in more, it means everybody else gets hit harder. >> you heard what he said. we're not going to raise taxes on small business. and for republicans,
what did you hear from john boehner? he said he's willing to budge on revenue, not hike taxes, but is that enough. what are republicans willing to give here. >> the jury is still out. speaker boehner should put his r revenue plan on the table. i mean based on this republican theory that's been proven wrong by history that somehow by giving folks at the top of the income ladder a tax break, you'll create all this economic activity and it will pay for itself and not increase the deficit. we...
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Nov 13, 2012
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house speaker john boehner has said it himself. this is the law of the land. this is the next big step. if perry and walker don't do t then the federal will do it for them. >> jennifer: this seems to me these republican governors are all about state rights would want to set up this exchange because it allows them to be these states and republican governors in charge and not the hated federal government. why are they fighting? >> they're putting ideology and partisan politics over the benefits of consumers. the great fallacy here is that obama-care is a government takeover of your healthcare. the government will come into your life and control your care. but these exchanges are private insurers they're giving you option. it is a marketplace and a private marketplace for to you pick out the best options amist amidst these horrible ones. it's really partisan talking points no more, no less. >> jennifer: earlier this year chris christie vetoed the bill but since that time the new jersey legislature passed a similar bill, and it's back on his desk, and it's back to
house speaker john boehner has said it himself. this is the law of the land. this is the next big step. if perry and walker don't do t then the federal will do it for them. >> jennifer: this seems to me these republican governors are all about state rights would want to set up this exchange because it allows them to be these states and republican governors in charge and not the hated federal government. why are they fighting? >> they're putting ideology and partisan politics over...
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Nov 10, 2012
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it's house speaker john boehner. he needs to decide if he takes this country over the fiscal cliff by refusing to bend on tax cuts for the wealthiest americans. as of now, he still says tax cuts are off the table. >> raising taxes on small businesspeople is the wrong prescription given where our economy is. >> is it on the table to talk about it? >> i've made clear -- >> the wealthier americans pitch in here. >> -- yesterday that raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. >> boehner is boxing himself in by taking all tax increases off the table. today, the president repeated his intention to pass a bill keeping the tax cuts on anyone with income under $250,000. >> the senate has already passed a bill doing exactly this. all we need is action from the house. i've got the pen ready to seen sign the bill right away. i'm ready to do it. >> house republicans are going to have a lot of explaining to do if they don't cut tax -- if they don't pass tax cut extensions on the american peop
it's house speaker john boehner. he needs to decide if he takes this country over the fiscal cliff by refusing to bend on tax cuts for the wealthiest americans. as of now, he still says tax cuts are off the table. >> raising taxes on small businesspeople is the wrong prescription given where our economy is. >> is it on the table to talk about it? >> i've made clear -- >> the wealthier americans pitch in here. >> -- yesterday that raising tax rates is unacceptable....
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Nov 12, 2012
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gregg: so, steve is john boehner right or crystal right. >> john boehner gets an a in economics. he's precisely right. a large percentage of the income that barack obama wants to tax at the higher rate is small business income. the other part of it that the speaker didn't mention is the other big component of that income is investment income the money that the people put into the small businesses to create them in the first place. doug knows this very well that one of the big problems we have in the economy right now is businesses aren't inch investigating, they are not expand -lg your operations. can you think of a worst time to raise the tax rate on investment when investment went negative in the last quarter? if businesses are not investing they can't hire more workers and i agree with doug it could cause a ou double-dip recession. gregg: if you force higher income americans to pay more in taxes not through increasing their tax rates but rather closing the loopholes, deductions, credits and so on and so forth, that is still a net increase on that important sector. so how is th
gregg: so, steve is john boehner right or crystal right. >> john boehner gets an a in economics. he's precisely right. a large percentage of the income that barack obama wants to tax at the higher rate is small business income. the other part of it that the speaker didn't mention is the other big component of that income is investment income the money that the people put into the small businesses to create them in the first place. doug knows this very well that one of the big problems we...
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Nov 10, 2012
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and then if you watched them, john boehner, speaker boehner looked like a defeated man. it was like saying okay, we are going to come to the table with you. and president obama, despite speaking about compromised, it wasn't a very comprise-y style of speech. it was clear that he knew he had the leverage. he wasn't going to accept anything that didn't end with taxes being part of the final solution here. >> well, jonathan capeheart, boehner knows that the pressure is all on him. the senate has already passed a bill that does what the president wants to do in taxation. it reduces the taxation below the top rates and the house can either pass that bill or not pass it. and if they don't pass it, what will happen in terms of january 1st ratgoing up is on them. >> it's on them. the president said in his remarks today that you know, his plan's not written in stone. the one he campaigned on. he's willing to hear any good idea from anyone. but it's unclear whether john boehner is going to be able to come to the table with an alternative idea that they can hammer out in time for a
and then if you watched them, john boehner, speaker boehner looked like a defeated man. it was like saying okay, we are going to come to the table with you. and president obama, despite speaking about compromised, it wasn't a very comprise-y style of speech. it was clear that he knew he had the leverage. he wasn't going to accept anything that didn't end with taxes being part of the final solution here. >> well, jonathan capeheart, boehner knows that the pressure is all on him. the senate...
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Nov 11, 2012
11/12
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and he knows that he and john can work together. -- john boehner can work tother. end of the year. will we ach a compromise before then, charles? a i do not thinink it will be comprehensive compromise. tohthink they will be able patch something together. tohink they will be able reformn it true tax sometime next year. someththing along the lines the obama appointed. i think they will get past the cliff. if he insists raising rates, he will be stymied. >> what is the message? >> it is a mixed message. i think we all agree the presidente of the taxesessage is we raise on those earning over $250,000. mitt romney pledged to repeal obamacare. these are the e essential points of their candidacies. i think he can point to that. but at the same time, he has to dealith the republican house and john painter has to deal with the republican house. beingoehnhner -- he is not humbled by saying that he is best that the president has the republican congress. >> does the president have a mandate t of this election? >> he does not have a mandate, but he has a lot of momentum. been 60 miion people. h
and he knows that he and john can work together. -- john boehner can work tother. end of the year. will we ach a compromise before then, charles? a i do not thinink it will be comprehensive compromise. tohthink they will be able patch something together. tohink they will be able reformn it true tax sometime next year. someththing along the lines the obama appointed. i think they will get past the cliff. if he insists raising rates, he will be stymied. >> what is the message? >> it...
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Nov 10, 2012
11/12
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it's house speaker john boehner. he needs to decide if he takes this country over the fiscal cliff by refusing to bend on tax cuts for the wealthiest americans. as of now, he still says tax cuts are off the table. >> raising taxes on small businesspeople is the wrong prescription given where our economy is. >> is it on the table to talk about it? >> i've made clear -- >> the wealthier americans pitch in here. >> -- yesterday that raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. >> boehner is boxing himself in by taking all tax increases off the table. today, the president repeated his intention to pass a bill keeping the tax cuts on anyone with income under $250,000. >> the senate has already passed a bill doing exactly this. all we need is action from the house. i've got the pen ready to seen sign the bill right away. i'm ready to do it. >> house republicans are going to have a lot of explaining to do if they don't cut tax -- if they don't pass tax cut extensions on the american peop
it's house speaker john boehner. he needs to decide if he takes this country over the fiscal cliff by refusing to bend on tax cuts for the wealthiest americans. as of now, he still says tax cuts are off the table. >> raising taxes on small businesspeople is the wrong prescription given where our economy is. >> is it on the table to talk about it? >> i've made clear -- >> the wealthier americans pitch in here. >> -- yesterday that raising tax rates is unacceptable....
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Nov 10, 2012
11/12
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. >> congressman, what is john boehner's next move? what do you think is going to happen? >> he's going to meet with the president. they are going to meet next week. i think he's going to have to face the reality that either now, that is in the lame duck session, their 200-plus democratic votes ready to go on the president's plan. that's about 18 republicans we would need. and boehner has to understand that we actually must work across the aisle to solve this problem. otherwise we're not going to get it done. the american public demands we work together. just imagine what we could do if we actually worked together. we can solve some serious problems. we could do the american jobs act and the infrastructure and rebuild new york and new jersey, desperately needed there. serious investment needs to be made on our infrastructure. we can only do that if we work across the aisle. the president has laid out a very good starting point to get the negotiations underway. >> no doubt. congressman larson, do you think there are any republicans in their caucus that will come over and wo
. >> congressman, what is john boehner's next move? what do you think is going to happen? >> he's going to meet with the president. they are going to meet next week. i think he's going to have to face the reality that either now, that is in the lame duck session, their 200-plus democratic votes ready to go on the president's plan. that's about 18 republicans we would need. and boehner has to understand that we actually must work across the aisle to solve this problem. otherwise...
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Nov 15, 2012
11/12
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john boehner initially said, listen, president, it's time fur to lead. that's what you saw in that press conference, the president saying look at the map, look at my victory and get what and, oh, yeah, guess what, i've won. >> we've officially renamed the fiscal cliff the fiscal curb. it's a little step down and you keep taking the steps so by the time you goat march or april, there's something significant happening but not right away. but there's a tricky thing here. both sides want to call it a cliff because both sides need drama in order to drive the urgency of their position but i'm wondering if at some point the president doesn't soften this as we get into late december and start to say to people, well, on the first week of january, you're going u just going to see a little step. and we will have time to fix it retroactively. >> i think that's probably what you will hear. i think ultimately this is going to be some kind of compromise. the fiscal cliff, it would be about $6 hup billion worth of tax cuts. i think it is going to be softened. there are
john boehner initially said, listen, president, it's time fur to lead. that's what you saw in that press conference, the president saying look at the map, look at my victory and get what and, oh, yeah, guess what, i've won. >> we've officially renamed the fiscal cliff the fiscal curb. it's a little step down and you keep taking the steps so by the time you goat march or april, there's something significant happening but not right away. but there's a tricky thing here. both sides want to...